UN01.DE - Uniper SE

XETRA - XETRA Delayed Price. Currency in EUR
25.23
-0.27 (-1.06%)
At close: 5:35PM CEST
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Previous Close25.50
Open25.36
Bid0.00 x 0
Ask0.00 x 0
Day's Range25.13 - 25.57
52 Week Range16.12 - 27.74
Volume496,690
Avg. Volume532,425
Market Cap9.233B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-3.48
Earnings DateN/A
Forward Dividend & Yield0.74 (2.93%)
Ex-Dividend Date2018-06-07
1y Target Est24.88
  • Reuters3 days ago

    Fortum wins EU, Russia antitrust approvals for Uniper stake buy

    In a separate statement, Fortum said it had also received merger clearance from the Russian Federal Antimonopoly Service (FAS) to acquire up to 50 percent of Uniper, in line with a previous decision disclosed at the end of April. Fortum said the FAS decision would prohibit it from making unjustified price increases on the wholesale electricity market, adding that would not have a significant impact on its operations. The approvals remove the remaining hurdles for Fortum to close the 3.8 billion euro ($4.4 billion) transaction, which the Finnish group said would take place no later than June 27.

  • Reuters7 days ago

    Exclusive - Fortum set to gain EU antitrust approval for Uniper deal - sources

    State-controlled Fortum's bid has run into opposition from Uniper, which said that the combination would make little sense given its heavy exposure to gas and coal-fired power plants while Fortum's focus is on clean technologies. Approval by the EU would mark a major step towards the deal's completion, which also still requires regulatory clearance from Russia, where Uniper operates several assets through its subsidiary Unipro (UPRO.MM), to go through. The European Commission is scheduled to rule on the 3.8 billion euro (3.4 billion pounds) deal, first agreed by Fortum and Germany's E.ON in September, by June 15.

  • Reuters10 days ago

    Uniper denies report about Datteln 4 writedown

    on Friday denied a media report that had said the energy group was delaying writedowns on its troubled Datteln 4 power plant to extract a higher takeover price from Finland's Fortum (FORTUM.HE). German weekly magazine Der Spiegel had said that insiders suspected Uniper was pushing back at least 100 million euros (87.9 million pounds) worth of impairments on the assets. Fortum, which is controlled by the Finnish government, last year agreed to buy a 46.65 percent stake in Uniper from the company's former parent E.ON (EONGn.DE) for 3.8 billion euros.

  • Germany's E.ON puts fate of Uniper management in Fortum's hands
    Reuters12 days ago

    Germany's E.ON puts fate of Uniper management in Fortum's hands

    tried to block the sale of a 47 percent stake to Finland's Fortum (FORTUM.HE) was postponed on Wednesday in line with a proposal by Uniper's biggest shareholder E.ON (EONGn.DE). Cornwall (Luxembourg) S.a.r.l., a fund backed by U.S. activist investor Elliott which filed the motion to appoint a special auditor, agreed to the delay, one of its representatives told Uniper's annual general meeting, where shareholders had been due to vote on the motion. Actively working to obstruct E.ON's $4.5 billion sale of the stake to Fortum would be a breach of management's duties which is not permitted under German takeover regulations.

  • Reuters12 days ago

    Germany sets up body to plan exit from coal

    Germany's government on Wednesday appointed a commission to decide this year on the timetable for a withdrawal from coal as an energy source, ending a months-long tug-of-war over the line-up of the decision-making body. With brown coal mines being the only truly domestic resource in a country reliant on energy imports, Germany faces a lot of internal wrangling over when to abandon coal-burning to meet ambitious climate goals by 2030, as it also wants to be free of nuclear by 2022. The cabinet appointed a 24-strong group which includes Matthias Platzeck and Stanislaw Tillich, former prime ministers of brown coal-mining states Brandenburg and Saxony, which are industrially weak regions where losses of thousands of jobs, even if spread out over years, will hurt.

  • Reuters13 days ago

    E.ON seeks to delay key votes at Uniper general meeting

    FRANKFURT (Reuters) - E.ON (EONGn.DE) on Wednesday said it would seek to delay two key votes at the annual general meeting of Uniper , evading a decision on whether to support a motion brought by activist ...

  • Reuters13 days ago

    Uniper CEO insists on independence as Fortum to take stake

    ESSEN, Germany (Reuters) - Uniper boss Klaus Schaefer will try to keep the energy group independent, he told shareholders on Wednesday, weeks before rival Fortum (FORTUM.HE) is expected to secure regulatory ...

  • Reuters13 days ago

    E.ON to delay vote on Elliott-backed audit at Uniper AGM - sources

    tried to block the sale of a major stake to Fortum (FORTUM.HE), two people familiar with the matter said. Uniper's shareholders are due to vote on the motion for a special audit to investigate the role of management, filed by Elliott-backed Cornwall Luxembourg S.a.r.l. E.ON, still Uniper's largest shareholder with a 46.65 percent stake, also plans to propose delaying the shareholder vote on whether to endorse Uniper's management, the sources said.

  • Reuters14 days ago

    Fortum secures first Russian clearance for Uniper deal

    HELSINKI (Reuters) - Finnish utility Fortum (FORTUM.HE) said on Monday it had secured the postponed clearance for its planned investment in Germany's Uniper from the Russian Federal Antimonopoly Service. ...

  • Uniper supervisory board rejects calls for Elliott-backed audit
    Reuters19 days ago

    Uniper supervisory board rejects calls for Elliott-backed audit

    supervisory board on Wednesday urged shareholders to reject a motion by activist investor Elliott to launch a probe into whether management sought to block the sale of a major stake to Fortum (FORTUM.HE), in a deal it opposes. Schaefer has repeatedly argued against a planned deal that will see former parent E.ON (EONGn.DE) selling its remaining 46.65 percent stake in Uniper to Finland's Fortum, calling it hostile and questioning the offer's strategic merit. Elliott's motion was filed shortly after Fortum alleged in late April that Uniper had actively worked against the proposed deal in Russia, where it operates power plants and water-related activities through its subsidiary Unipro (UPRO.MM).

  • Reuters19 days ago

    Uniper supervisory board rejects calls for Elliott-backed audit

    supervisory board on Wednesday urged shareholders to reject a motion by activist investor Elliott to launch a probe into whether management sought to block the sale of a major stake to Fortum (FORTUM.HE), in a deal it opposes. Schaefer has repeatedly argued against a planned deal that will see former parent E.ON (EONGn.DE) selling its remaining 46.65 percent stake in Uniper to Finland's Fortum, calling it hostile and questioning the offer's strategic merit. Elliott's motion was filed shortly after Fortum alleged in late April that Uniper had actively worked against the proposed deal in Russia, where it operates power plants and water-related activities through its subsidiary Unipro (UPRO.MM).

  • Politics aside, work starts on Russia-Germany gas pipeline
    Reuters25 days ago

    Politics aside, work starts on Russia-Germany gas pipeline

    A political row over Europe's energy security is not hindering preparatory work for the subsea Nord Stream 2 gas pipeline from Russia to Germany, with dredging work starting off the Baltic coast last week. The new pipeline, an initiative of Russia's Gazprom (GAZP.MM) and five European companies, will double Russia's export capacity of 55 billion cubic metres to Germany.

  • Reuters25 days ago

    Fortum says Uniper deal faces roadblock in Russia

    Fortum has agreed to buy a stake of around 47 percent in Uniper for 3.8 billion euros (3.33 billion pounds). Both companies have large operations in Russia and Moscow's approval is considered as the key step in getting the deal done. State-controlled Fortum said in a statement that ongoing amendments to Russian laws may have an impact on the process, and that it expects the formal approval to take a few more weeks.

  • Reuters26 days ago

    Investor Elliott's stake raises pressure on Thyssenkrupp CEO

    FRANKFURT/BERLIN (Reuters) - Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp's (TKAG.DE) leadership to revive the German industrial conglomerate's fortunes, confirming it had taken a stake of less than 3 percent. "Elliott believes Thyssenkrupp has significant scope for operational improvement which would benefit all stakeholders," Elliott said in a brief statement, adding it would soon seek to start a constructive dialogue with the group's boards.

  • Elliott poised to take Thyssenkrupp stake - source
    Reuters27 days ago

    Elliott poised to take Thyssenkrupp stake - source

    FRANKFURT/DUESSELDORF/LONDON (Reuters) - Activist investor Elliott, which is currently stepping up its campaigns in Europe, is close to taking a stake in Thyssenkrupp (TKAG.DE), a source familiar with the matter said, increasing pressure on management to restructure the group. The Germany company's CEO Heinrich Hiesinger, in the job since 2011, has already faced criticism from shareholders for being too slow to move Thyssenkrupp away from its steel-making roots and sharpen its focus on industrial goods. Swedish investment firm Cevian, Thyssenkrupp's second-largest shareholder with about 18 percent, has been the most vocal critic of Hiesinger's strategy, saying the company needs a more radical shake-up.

  • Uniper SE’s (ETR:UN01) Profit Outlook
    Simply Wall St.last month

    Uniper SE’s (ETR:UN01) Profit Outlook

    Uniper SE’s (XTRA:UN01): Uniper SE operates as an energy company. It operates in European Generation, Global Commodities, and International Power Generation segments. The €9.82B market-cap posted a loss in itsRead More...

  • Czech firms look to sweep up profits from dirty power
    Reuterslast month

    Czech firms look to sweep up profits from dirty power

    PRAGUE/FRANKFURT (Reuters) - Two Czech power companies are targeting fossil fuel-fired plants in Germany as part of a contrarian strategy to snap up older, polluting assets on the cheap from European energy giants going green. EPH and Seven Energy have submitted rival offers for French group Engie's (ENGIE.PA) plants near Munich and Bremen, as well as its 52 percent stake in a plant in Wilhemshaven, according to two utilities banking sources familiar with the matter. EPH and Seven Energy both told Reuters they were interested in acquisitions in Germany, but declined to comment on whether they had bid for the Engie plants.

  • Reuterslast month

    Russia-Germany gas pipeline raises intelligence concerns - U.S. official

    The planned Nord Stream 2 gas pipeline from Russia to Germany raises U.S. intelligence and military concerns since it would allow Moscow to place new listening and monitoring technology in the Baltic Sea, a senior U.S. official said on Thursday. Sandra Oudkirk, Deputy Assistant Secretary of State for Energy Diplomacy, said in Berlin she would meet German officials to voice Washington's concerns about the subsea project.

  • Reuterslast month

    Russia-Germany gas pipeline raises intelligence concerns - U.S. official

    The planned Nord Stream 2 gas pipeline from Russia to Germany raises U.S. intelligence and military concerns since it would allow Moscow to place new listening and monitoring technology in the Baltic Sea, a senior U.S. official said on Thursday. Sandra Oudkirk, Deputy Assistant Secretary of State for Energy Diplomacy, said in Berlin that she would meet German officials to voice Washington's concerns about the subsea project. A consortium of western companies and Russia's Gazprom (GAZP.MM) said this week it was starting preparatory work on the project off Germany's Baltic coast.

  • Reuterslast month

    Shareholder advisors, top investor oppose Elliott call for Uniper stake sale probe

    have backed the utility's management as it seeks to fend off calls for an investigation into whether it sought to block the sale of a major stake in the company. The vote, to take place at Uniper's annual shareholder meeting scheduled for June 6, will decide whether a special auditor will be appointed to identify possible breaches of duty by Uniper's board in relation to Fortum's proposed acquisition.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of UN01.DE earnings conference call or presentation 8-May-18 6:30am GMT

    Q1 2018 Uniper SE Earnings Call

  • Germany's Uniper makes head start in converting wind power to gas
    Reuterslast month

    Germany's Uniper makes head start in converting wind power to gas

    launched a pilot scheme at its Falkenhagen site on Wednesday to produce methane gas from wind power as the country seeks wider uses for renewable energy. The Falkenhagen plant, set up five years ago in Germany's wind-swept Brandenburg state, already produces green hydrogen by running wind power through water to split it into oxygen and hydrogen.

  • Reuterslast month

    E.ON CEO signals rising payouts after RWE asset swap deal

    E.ON's (EONGn.DE) chief executive promised a steady increase in shareholder payouts on Wednesday, seeking to convince investors of a planned deal to break up rival Innogy (IGY.DE) with peer RWE (RWEG.DE). "Thanks to the considerable synergy potential with Innogy, we intend to achieve value growth starting in the second year after the transaction closes," Johannes Teyssen told shareholders at the group's annual general meeting. Closing of the complex transaction that was first announced in March and includes a 4.9 billion euro (4.3 billion pounds) bid to Innogy's minority shareholders is expected in the second half of 2019.

  • Reuterslast month

    E.ON undecided on Elliott motion regarding Uniper stake sale

    actively worked against the planned sale of E.ON's remaining stake to Finnish peer Fortum (FORTUM.HE). E.ON Chief Executive Johannes Teyssen told shareholders on Wednesday that no decision had been made over how E.ON would vote at Uniper's annual general meeting in relation to a motion to appoint a special auditor. Uniper had said on Tuesday that Cornwall Luxembourg S.a.r.l., which it said was backed by activist investor Elliott, had made such a proposal to identify possible breaches of duty by the board in relation to Fortum's bid.

  • Reuterslast month

    Uniper denies trying to undermine Fortum stake purchase

    denied on Tuesday trying to undermine a deal that will make Finnish utility Fortum (FORTUM.HE) its top investor, and said it had been open and transparent during the process. Fortum last year agreed to buy a 46.65 percent stake in energy group Uniper from E.ON (EONGn.DE) for 3.8 billion euros (3.3 billion pounds), despite opposition from Uniper's management which has argued the two companies are not a good fit. Last month, Fortum won approval from a government commission in Russia to buy up to 50 percent in Uniper, marking a key step in getting the deal done, but Fortum also said Uniper's management had actively worked against the deal there.